×

Asia Top News and Analysis Ukraine

  • LONDON, Oct 11- DS Smith PLC:. *Cost synergies from sca packaging acquisition are now expected to reach 100. *Cash synergies from the deal are now expected to be 130 million euros.

  • LONDON, Oct 11- Sound Oil PLC:.

  • LONDON, Oct 11- Balfour Beatty PLC:. *Balfour Beatty water and wastewater strategy delivers contracts over  £185. * £45 million, three year contract at the Galveston main water and wastewater.

  • LONDON, Oct 11- Burberry Group PLC:. *Fragrance and beauty to be directly operated. *Fragrance and beauty will be run as Burberry's fifth product division.

  • LONDON, Oct 11- Ashmore Group PLC:. *The quarter saw assets under management increase 6.8% to US $68.0 billion. billion and net inflows of US $0.6 billion.

  • LONDON, Oct 10- Tom Enders was flying high six weeks ago; newly elevated to the top job at Europe's EADS, his secret merger deal to create the world's biggest aerospace group and rid himself of burdensome government meddling was preparing for launch.

  • *Britain's FTSE 100 index is seen opening down 6 to 18 points, or as much as 0.3 percent on Thursday, according to financial bookmakers. *The expected fourth day of weakness on the UK index- which would be its longest down run since May- follows on overnight from selloffs on Wall Street, where the S&P 500 closed down 0.6 percent, and in Asia.

  • Oct 11- The following are the top stories in the Wall Street Journal on Thursday. *BAE Systems Plc and EADS called off their merger after the UK, France and Germany failed to agree on how much influence they should have over the combined entity.

  • LONDON, Oct 11- European equities were set to fall for a fourth straight session on Thursday, mirroring losses on Wall Street and in Asia, with concerns about weaker corporate earnings and global growth seen pushing shares towards one-month lows.

  • The price of oil rose above $92 a barrel Thursday as growing tensions between Turkey and Syria caused worries about the future of Middle East crude supplies. By early afternoon in Europe, benchmark oil for November delivery was up 90 cents to $92.15 a barrel in electronic trading on the New York Mercantile Exchange.

  • EDF Chief Executive Henri Proglio is expected to step down from French utility Veolia's board, French daily Les Echos reported. Europe's car market will not really recover without EU-led coordination of capacity cuts, Fiat and Chrysler Chief Executive Sergio Marchionne said, in an apparent back-track on comments he made at the Paris auto show last month.

  • By Josephine Mason and Susan Thomas. NEW YORK/ LONDON, Oct 11- The London Metal Exchange may add morning rounds of open-outcry trading for its unique futures contracts, senior trade sources say, as the new Hong Kong- based owners plot their first major move to hold off intense competition from their Shanghai rival.

  • LONDON, Oct 11- BBVA shifted its stance of calling subordinated bonds at the earliest opportunity, as Spain's second largest bank struggles to fund at sustainable levels in the wholesale markets. On Wednesday, Austria's Raiffeisen Bank International gave investors in a Tier 2 bond a similar warning.

  • *Turkey, Syria fighting reinforces worry over Middle East supply. NEW YORK, Oct 11- Oil prices rose on Thursday as tensions between Syria and Turkey escalate and maintenance curbs on North Sea output continue.

  • PARIS, Oct 11- European stocks rallied on Thursday after a drop in U.S. jobless claims while Spain's credit downgrade raised expectations that Madrid would soon request a bailout.

  • The head of an internal UBS probe into "rogue trader" Kweku Adoboli, accused of losing the Swiss bank $2.3 billion, did not consider whether others at the bank might have been involved, a London court heard. said Pascal Boillat would take over as the new head of GF AgieCharmilles when Jean-Pierre Wilmes retires on Jan. 1, 2013.

  • *More wind electricity output in Germany, France. *Unions stopped E.ON' s French thermal power plants. ,while Germany's equivalent spot contract also fell 6.85 euros to 45.15 euros per MWh.

  • By Owen Sanderson and Anil Mayre. LONDON, Oct 11- UK buy-to-let specialist Paragon will try to sell down the entire capital structure in its new Paragon securitisation, placing not just the super-safe Triple A rated bonds, which many issuers have done since the crisis, but also two riskier tranches subordinated to that.

  • *North Sea output to fall by 1 percent in November. BP purchased its fourth cargo this week on Thursday and rival traders expect the oil to be loaded onto a Very Large Crude Carrier bound for South Korea, removing a chunk of supply from northwest Europe.

  • LONDON, Oct 11- Its $45 billion merger plan shot down, BAE Systems must now hunt growth elsewhere if the British arms maker is to find the cash needed to sustain big dividends and avert the possibility of a break-up. CEO Ian King is under pressure to spur the search for new business with a lucrative deal in Saudi Arabia now seen as crucial to bolster the balance sheet.